As usual, with Netflix reporting its first quarter earnings after the bell on Monday afternoon, investors will have their eyes darting to one key metric: subscribers.

For a company built on monthly payments from customers, it’s easy to see why. The streaming heavyweight boasts about 118 million subscribers heading into Monday’s report, after adding a company-record 8.33 million new users during the fourth quarter of 2017.

Analysts expect Netflix to keep its momentum rolling, with a focus on international markets in 2018 and beyond.

“In particular, we see potential upside in India,” said Morgan Stanley analyst Ben Swinburne in an investor note shared with TheWrap, where “strong secular tailwinds on broadband and media consumption could help further unlock the sizable population in the country.”

Consensus estimates predict Netflix will have scooped up 5 million international subscribers during the first quarter, along with another 1.5 million domestic customers — coming in slightly ahead of Netflix’s own call of 6.4 million new streamers. Goldman Sachs analyst Heath Terry is more optimistic, predicting the company will add 7.3 million subs altogether, backed by the company’s aggressive marketing spend in 2018. (Netflix execs said on the company’s Q1 earnings call it had upped its marketing budget from $1.3 billion to $2 billion for the year.)

“Follow-through” from high-profile productions like “Bright”and “The Crown,” which came at the end of the fourth quarter, should help drive Netflix on Monday, said Terry in his note to clients. Goldman anticipates Netflix bumping up its average revenue per user — always a critical measure for tech companies — based on the company’s price increases last fall. The firm projects $0.63 earnings per share and $3.7 billion in revenue for the quarter, which is in-line with analyst estimates.

An earnings beat, or major leap beyond subscriber expectations, could send Netflix’s stock running like it did earlier this year. The company has seen its shares increase more than 50 percent since the start of 2018, trading at about $307 per share on Monday morning.

Still, to keep adding new users, Netflix has to spend big, both on marketing and on content. The Goldman and Morgan Stanley analysts both note the threat of ballooning costs for the company. And outside competition from Amazon and Hulu, as well as Facebook’s Watch and the upcoming Disney streaming service, remain obstacles.

But if Netflix can pull in another big quarter for subscriber growth, investors won’t be worrying much about its adversaries.

Top 25 Best Netflix Original Series, Ranked From Great to Phenomenal (Photos)

There is a ridiculous number of original series available on Netflix right now — so many it's almost impossible to keep up with them. Even Netflix seems to have a tough time making sure its viewers know about its shows. We dug into the annals of Netflix series and plucked out the very best ones for your enjoyment. Here they are in order of great to phenomenal.

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25. "Lost in Space"

Netflix's take on the 1960s TV show about a family marooned on a weird alien planet, with only each other, their pilot, a robot, and a self-serving doctor for company is a lot of fun. A (mostly) more realistic take than the original, the show manages to capture an interesting family dynamic while still tapping into over-the-top sci-fi ideas.

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24. "Dark"

"Dark" concerns a small German town where children have disappeared -- just like 30 years ago. The story starts out as a fascinating, character-driven drama, but quickly starts to pick up speed with some paranormal, science fiction-y elements. There's a lot more to the mystery than first meets the eye in "Dark," and the show does a great job of weaving it over the course of its first season.

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23. "Peaky Blinders"

Cillian Murphy and Sam Neill facing off from opposite sides of the law in post-World War I Britain is enough to make “Peaky Blinders” worth a watch. But its great casting and rock music-amplified tone make it a period crime drama that’s unpredictable in a completely violent way.

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22. “The Crown”

It’s not easy being queen. “The Crown” digs into the personal stories of the British royal family as Queen Elizabeth II is crowned. Elizabeth is constantly pulled between family squabbles, politics, personal responsibility and her duties, and there’s plenty of drama to go around.

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21. “BoJack Horseman”

It takes a bit to hit its stride, but once it does, “BoJack Horseman” joins the top tier of animation geared at adults. The goofy comedy combines solid writing and a cynical look at Hollywood with a darker look at issues like depression.

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20. “The Fall”

The gritty British thriller starring Gillian Anderson of “The X-Files” fame is split between two perspectives: Anderson’s Detective Gibson and the serial killer she’s hunting. Anderson is consistently great as the no-nonsense Gibson, who hunts the killer while fighting off controversy among the police and the press.

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19. “Lemony Snicket’s A Series of Unfortunate Events”

This adaptation of the children’s book series of the same name manages a hilariously melancholy tone. Neil Patrick Harris slays the role of the ridiculously evil Count Olaf, and the rest of the show is full of great performances from a series of stars.

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18. "Santa Clarita Diet"

There's a lot to love about "Santa Clarita Diet" and it's fun take on the undead. Drew Barrymore and Timothy Olyphant in particular are hilariously square suburbanites. The way they take to murdering people for the newly zombified Barrymore to eat, in order to preserve their family, is weirdly heartwarming and constantly funny.

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17. “Travelers”

“Travelers” goes gritty with its time travel, imagining agents from the future who have to take over the bodies of people in the past in order to stop the end of the world. The best stuff here is the personal drama as the characters battle their own guilt at the harm they sometimes have to do for the greater good.

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16. "Dear White People"

Adapting the movie of the same name into a series, "Dear White People" digs into race and racism in an Ivy League school. The series is poignant and smart, as well as hilarious all the way through as it finds smart, funny ways to tackle tough topics.

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15. “Marvel’s Daredevil”

The first of Netflix’s original shows featuring Marvel superheroes was a surprisingly dark and intense take. With awesome action and strong stories, “Daredevil” gave Marvel fans a more subdued, believable kind of superhero story in its two seasons.

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14. "American Vandal"

"American Vandal" turns true crime documentary into a comedy, digging into the mystery of who was responsible for spray painting faculty cars at a high school. The show is simultaneously a send-up of super-serious crime docs, and an enthralling and effective mystery all on its own.

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13. “Making a Murderer”

The deep-dive documentary into the investigation of the murder of Teresa Halbach stretches on for 10 episodes, but it’s never boring. Instead, it presents a look into the investigation and conviction of Steven Avery that has sent many viewers digging into the case looking for the truth themselves.

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12. “Marvel’s Luke Cage”

Netflix’s superhero offerings do a stellar job of expanding Marvel stories into perspectives fans might not be used to seeing. “Luke Cage” takes viewers to Harlem, and it’s just as conscious of the implications of following a black man who’s immune to being shot as it is of how cool it would be to have bullet-proof skin.

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11. “Marvel’s Jessica Jones”

The second partnership of Netflix and Marvel pits the super-strong but flawed Jessica Jones against a mind-controlling man she can’t convince anyone exists. “Jessica Jones” is more drama than action, and watching her try to out-maneuver the manipulative Purple Man is often more exciting than flying superhero fists.

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10. “Narcos”

The saga of Pablo Escobar's rise to power and the DEA agents tasked with stopping him is a powerhouse of strong acting. There's no shortage of crime story violence and mystery in the lengthy drug war Escobar wages, which now covers two seasons.

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9. "Mindhunter"

Director David Fincher hits two competing feelings all the way through "Mindhunter." As FBI agents Ford and Tench create a new kind of profiling in the 1970s by interviewing serial killers, the show oscillates between being morbidly fascinating and increasingly dread-inducing. Either way, it's hard to turn away from this crime story.

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8. “Stranger Things”

Netflix’s “Stranger Things” perfectly channels a 1980s movie aesthetic and tells a compelling monster-slash-government conspiracy story. It’s also that certain sort of kid-driven Steven Spielberg or Stephen King kind of story that there just aren’t enough of in the 21st Century. Season 2 is coming this Halloween.

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7. "The Punisher"

Netflix's Marvel shows have been hit and miss, but the violent, brooding, semi-noir mystery it spins in "The Punisher" is the best of the bunch so far. A lack of superpowers makes protagonist Frank Castle (Jon Bernthal) easy to relate to, but it's the rest of the extremely strong cast that makes the show so engrossing.

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6. “Unbreakable Kimmy Schmidt”

This Tina Fey-co-created comedy starts with a strange premise — Kimmy (Ellie Kemper) has escaped a bunker after being kidnapped by a doomsday evangelist for years. But Kemper’s relentlessly upbeat attitude and the supporting zany cast make “Unbreakable” something of a weirdo answer to “30 Rock.” You’ll need to rewatch it to catch all of the hidden jokes.

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5. "The Keepers"

A true crime documentary series that looks to explore the decades-old murder of Sister Cathy Cesnik in Baltimore. Netflix's excellent doc spirals into a much deeper and more chilling story that delves into sexual abuse in a Catholic high school, and the murder that might have happened to cover it up.

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4. "Ozark"

When a money launderer has to convince the drug cartel he works for not to kill him, he has to cart his whole family from Chicago to Missouri in Netflix's crime drama. Imagine "Breaking Bad," but with less chemistry and the entire family involved in trying desperately to keep from getting caught, satisfy the bad guys and stay together.

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3. “House of Cards”

Frank Underwood (Kevin Spacey) is backstabbing his way to greater power in the halls of Washington D.C. It's occasionally ridiculous, but great performances by Spacey, Robin Wright, and many more make Underwood's machinations hard to guess and harder to stop watching.

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2. “Orange is the New Black”

The longer “OITNB” goes on, the better it gets, as it delves into the diverse perspectives of its women’s prison population. It’s an examination of the justice system, of people trying to make the best of a bad situation, and of friendship and survival. It’s also consistently hilarious and sports a phenomenal cast.

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1. “Master of None”

Aziz Ansari brings a rare brand of comedy that's instantly relatable. Whether it's about navigating life at 30 or the experience of growing up in America as the child of immigrants, "Master of None" has a unique, extremely funny perspective. The second season is even better with the first, mixing hilarious and very real moments.

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These are the Netflix Original Series you should prioritize binge-watching immediately

There is a ridiculous number of original series available on Netflix right now — so many it's almost impossible to keep up with them. Even Netflix seems to have a tough time making sure its viewers know about its shows. We dug into the annals of Netflix series and plucked out the very best ones for your enjoyment. Here they are in order of great to phenomenal.